InterDigital (NASDAQ:IDCC) Issues Q1 2025 Earnings Guidance

InterDigital (NASDAQ:IDCC - Get Free Report) updated its first quarter 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.660-3.900 for the period, compared to the consensus estimate of 1.430. The company issued revenue guidance of $202.0 million-$206.0 million, compared to the consensus revenue estimate of $141.0 million.

InterDigital Stock Up 0.3 %

Shares of NASDAQ:IDCC traded up $0.69 during midday trading on Tuesday, hitting $207.44. 97,024 shares of the stock were exchanged, compared to its average volume of 425,383. The company has a market capitalization of $5.33 billion, a PE ratio of 17.24, a P/E/G ratio of 1.57 and a beta of 1.45. InterDigital has a 52-week low of $95.33 and a 52-week high of $231.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.70 and a current ratio of 1.70. The business's fifty day simple moving average is $205.04 and its two-hundred day simple moving average is $183.68.

InterDigital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 23rd. Stockholders of record on Wednesday, April 9th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.16%. This is a positive change from InterDigital's previous quarterly dividend of $0.45. The ex-dividend date is Wednesday, April 9th. InterDigital's payout ratio is currently 19.93%.

Insider Activity at InterDigital

In other news, CTO Rajesh Pankaj sold 700 shares of the stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $185.00, for a total transaction of $129,500.00. Following the transaction, the chief technology officer now owns 52,396 shares of the company's stock, valued at approximately $9,693,260. This represents a 1.32 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Richard Brezski sold 9,602 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $215.21, for a total value of $2,066,446.42. Following the completion of the transaction, the chief financial officer now directly owns 102,555 shares in the company, valued at $22,070,861.55. The trade was a 8.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,833 shares of company stock valued at $2,954,830. 2.30% of the stock is currently owned by corporate insiders.

About InterDigital

InterDigital, Inc operates as a global research and development company with focus primarily on wireless, visual, artificial intelligence (AI), and related technologies. The company engages in the design and development of technologies that enable connected in a range of communications and entertainment products and services, which are licensed to companies providing such products and services, including makers of wireless communications, consumer electronics, IoT devices, and cars and other motor vehicles, as well as providers of cloud-based services, such as video streaming.